Property Rights Gone Wrong

[kentuck]

http://www.huffingtonpost.com//dylan-ratigan/property-rights-gone-wron_b_754586.html

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Most mortgages in America are now backed by our government. And in order for a bank to get that backing from our government it must fill two criteria:

1. The borrowers must be verified by the banks and their agents as qualified.

2. Lenders must fill out paperwork accurately and make sure that when the home's title changes hands, so does the documentation.

But in the past two decades, a whole lot of the time, that never happened. Why?

...more

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